This weekend, BIP 110 signaling is expected—a technical proposal that aims to optimize how Bitcoin handles certain transaction limits. It’s not a divisive fork, but a consensual improvement that miners will vote on with their hash power. Why does it matter? Because it reinforces that Bitcoin continues evolving as a network, even when the price is trading in a range.
Meanwhile, BTC is trading at 65,061 (+0.37% in 24h), rebounding from 64.7K after sweeping liquidity below prior lows. The 1H and 4H structures are turning bullish, but the daily, weekly, and yearly context remains bearish. The spring thesis (sweeping lows before moving up) is on the table, but it’s only confirmed if price breaks through major resistances with volume. For now, it’s a technical bounce within a bearish structure.
Key levels: 65.4K (PDH) is the immediate resistance; if it breaks, it opens room toward 65.7K (PWH) and 66.9K (PMH). If it loses 64.7K, it returns to the sweep zone and the spring thesis is invalidated. The Fear Index is at 30 (Fear), just one point above the previous day.
BIP 110 won’t move the price tomorrow, but it does strengthen the narrative of the network’s technical strength. In a context where fear is still present and the larger structures haven’t turned yet, any signal of orderly evolution helps support the floor. Do you see this bounce as the start of a reversal, or just another technical relief?
#BIP110ForkSignalingExpectedThisWeekend
Meanwhile, BTC is trading at 65,061 (+0.37% in 24h), rebounding from 64.7K after sweeping liquidity below prior lows. The 1H and 4H structures are turning bullish, but the daily, weekly, and yearly context remains bearish. The spring thesis (sweeping lows before moving up) is on the table, but it’s only confirmed if price breaks through major resistances with volume. For now, it’s a technical bounce within a bearish structure.
Key levels: 65.4K (PDH) is the immediate resistance; if it breaks, it opens room toward 65.7K (PWH) and 66.9K (PMH). If it loses 64.7K, it returns to the sweep zone and the spring thesis is invalidated. The Fear Index is at 30 (Fear), just one point above the previous day.
BIP 110 won’t move the price tomorrow, but it does strengthen the narrative of the network’s technical strength. In a context where fear is still present and the larger structures haven’t turned yet, any signal of orderly evolution helps support the floor. Do you see this bounce as the start of a reversal, or just another technical relief?
#BIP110ForkSignalingExpectedThisWeekend